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Get up to speed with what markets are watching

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Good morning. Boris Johnson is in political trouble again, the European Central Bank is likely to hike rates, Putin issues a warning and someone’s suing the London Metal Exchange. Here’s what people are talking about.

UK British Prime Minister Boris Johnson sees rebel MPs from the governing Conservative Party triggering a vote on his leadership as soon as this week. Tory MPs seeking to oust Johnson may be on the cusp of securing the 54 letters required to force a confidence vote, said a person, who insisted that the prime minister is confident that he would win any ballot if it were to take place. Meanwhile, the Conservatives are heading for a thumping defeat in this month’s special election in Wakefield, according to a poll published in the Sunday Times